Dec 22, 2025
Iren (IREN) Stock: Why This 50% Drop Could Be A Great Buying Opportunity
TLDR Iren stock plunged over 50% in recent weeks despite tripling earlier this year, driven by AI sector concerns and unrelated Oracle rumors Company forecasts $3.4 billion annual recurring revenue from AI infrastructure by late 2026 versus $501 million total revenue in fiscal 2025 Five-year Microsoft partnership and 5.52 current ratio demonstrate financial strength amid [...]
The post Iren (IREN) Stock: Why This 50% Drop Could Be A Great Buying Opportunity appeared first on Blockonomi.
Source: Blockonomi →Related News
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